KARACHI: The outstanding auto loans grew for the 13th consecutive month, reaching Rs319 billion at the end of December 2025 from Rs318bn in November, State Bank of Pakistan (SBP) data revealed. The December 2025 growth appears slow compare
KARACHI: AnticipÂation of an interest rate cut at the upcoming monetary policy meeting continued to fuel broad-based value hunting on Tuesday, as investors brushed aside a widening current account deficit and a sharp fall in foreign investment to
ISLAMABAD: The Oil and Gas Development Company Ltd (OGDCL) on Tuesday announced discovery of major oil and gas reserves at its existing exploratory well in Kohat District of Khyber Pakhtunkhwa. In a statement, the OGDCL, which is the opera
ISLAMABAD: PakÂistan has urged Indonesia to finalise a memorandum of understanding (MoU) for rice exports on a government-to-government (G2G) basis at the earliest. The issue was among those discussed during a meeting between Commerce Minis
ISLAMABAD: The 306-kilomtre Sukkur-Hyderabad Motorway (M-6) worth $1.7 billion on TuesÂday got a boost after Pakistan and Jeddah-based Islamic DevelÂopment Bank (IsDB) entered into three financing agreements worth $603 million. The two side
Pakistan recorded 8,488 gigawatt-hours of power generation in December 2025, marking a nine per cent increase compared to the same month last year, according to data released by the National Electric Power Regulatory Authority (Nepra). Outp
KARACHI: Foreign direct investment (FDI) plunged by 43 per cent during the first half of the current fiscal year, denting the governmentâs hopes of attracting overseas capital amid growing regional uncertainty. Data for July-December FY26 s
BENGALURU: Gold and silver hit record highs on Monday, driven by a flight to safety after US PresiÂdent Donald Trump warnÂed of extra tariffs on some European countries in a dispute over Greenland.</
⢠Over 300 local, Chinese firms attend investment summit ⢠PM says agriculture can be transformed âwithin monthsâ with Beijingâs support ISLAMABAD: Pakistan and China are set to sign multiple memorandums of understandi
ISLAMABAD: PakisÂtan recorded its highest-ever monthly information technology (IT) exports at $437 million in December 2025, marking a 26 per cent increase compared to the same month last year. During the first half (July-December) of 2025
MUMBAI: Indiaâs central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions r
LAHORE: The Punjab government claims to have supplied 850,000 metric tonnes of wheat to other provinces, of which a major chunk has been provided to Khyber Pakhtunkhwa. Punjab Director Food Amjad Hafeez says transportation of wheat is bei
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has amended the Companies (Further Issue of Shares) Regulations 2020. As a result, the requirement for a clean CIB report will not apply if the relevant persons provide
KARACHI: JazzWorld, an integrated digital services company, has executed Pakistanâs largest-ever interest rate swap (IRS) transaction of Rs75 billion with United Bank Ltd (UBL). An interest rate swap is a financial contract under which two